finance

ZIMBABWE’S only exchange-traded Real Estate Investment Trust (REIT), Tigere Property Fund, says it expects to grow its revenue after reaching full occupancy at its initial properties.Advertisements

FBC Holdings (FBCH) says it has had to throttle lending at its building society to defend its balance sheet.Advertisements

TRADE development and promotion body ZimTrade says it is deepening support to companies across the country to ensure that all districts are able to tap into the export market.Advertisements

PIPING manufacturer Proplastics says it expects demand to improve underpinned by both public and private sector-initiated projects, although challenges persist in the operating environment.Advertisements

BRITISH American Tobacco Zimbabwe (BAT) says its cigarette sales were down 6,7 percent during the year ended December 31, 2022 due to tight liquidity of the Zimbabwe dollar.Advertisements

PROPERTY firm Mashonaland Holdings (Masholds) says the group is in a position to continue generating US dollar revenue despite the economic headwinds.Advertisements

TURNALL Holdings (Turnall) says it expects the completion of its ongoing projects to lead to increased revenue, profitability, exports and a sustainable improvement in quality and production efficiency.Advertisements

BRIDGEFORT Capital (Bridgefort), formerly MedTech Holdings, has managed to reduce liabilities owed to foreign creditors, but hopes the central bank will speed up the clearance of legacy debts since delays …

ZIMRE Holdings (Zimre) says it will be embarking on a new investment focus towards infrastructure and landmark development, with an emphasis on sustainability.Advertisements

MASIMBA Holdings (Masimba) produced a good set of results for the year ended December 31, 2022, benefiting from the government’s renewed interest in infrastructure development. Fingaz Staff Writer Almot Maqolo …